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RE: Earn More & Power Down Faster - Video Chat with Mrs.Steemit

in #steemit8 years ago

I like the 7 day to 3.5 day switch for the SBD arbitrage. You convert a $1 of SBD to Steem, then trade that Steem for SBD on the externals, but you end up getting that SBD for 90-95 cents on the dollar, or whatever a SBD is worth at the time, then repeat the process.

In other words, you're getting $1 of Steem for 90-95 cents (or whatever the discount SBDs are trading for) and you're getting to repeat cycle twice as fast now.

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Some changes are good or less controversial but I think other changes are potentially dangerous toward long term participants who never intend to sell or power down Steem Power.